Jeantet advises ProSiebenSat.1 on the setting up of a joint venture with TF1
Jeantet advises one of the leading German broadcasters ProSiebenSat.1’s premium multi-channel network (MCN) Studio71 in the context of the setting-up of a joint venture with TF1 Group’s digital content branch e-TF1. The joint venture is set-up through Studio71’s acquisition of a strategic minority interest in the French premium MCN Finder Studios, co-founded by TF1, from its other co-founder Makever. The transaction is subject to approval by the German Federal Cartel Office and the Austrian Federal Competition Authority.
The investment occurs in the larger context of TF1 Group’s and Mediaset’s (Italy) investment in Studio71.
Studio71 is ProSiebenSat.1 Media SE’s multi-channel network with globally around six billion video views a month. Studio71 is the leading multi-channel network in the German-speaking region, pooling the station group’s web-only content and distributing it via digital platforms.
TF1 is the leading private audiovisual group in free-to-air television in France. The Group’s five complementary free-to-air channels, TF1, TMC, NT1, HD1 and LCI), together claimed an average audience share of 27.7% in 2015. TF1 is developing a powerful digital format for its channels. Exclusive digital content and video-on-demand products are also offered in order to reach all audiences across all platforms.
Finder Studios is one of the leading French MCN.
The German speaking Jeantet Team was lead by Karl Hepp de Sevelinges (Partner corporate) and Michael Samol (Counsel corporate) and mainly comprised Ruben Koslar and Stephan de Groër (associates corporate), Frédéric Sardain (Partner TMT), Pierre Nieuwyaer (associate TMT).
UGGC Avocat, Charles-Emmanuel Prieur (partner, corporate) assisted Makever, TF1 inhouse (Nathalie Dubois), ProSiebenSat.1 inhouse (Alexander von Voss).
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